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German Investor Confidence Surges In April

German investor confidence rose sharply in April and topped economists' expectations, survey data from the ZEW-Leibniz Centre for European Economic Research showed on Tuesday.

The ZEW investor confidence index climbed to 3.1 from -3.6 in March. Economists had forecast a score of 0.8.

The current situation index of the survey, however, tumbled to 5.5 from 11.1 in March. Economists were looking for a score of 8.5.

The investor confidence index for Eurozone surged to 4.5 from -2.5 in March, the ZEW survey said.

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